Cowles joins start-up aiming to revolutionise cross-border payments system

By Jasper Cox
28 May 2020

Payments start-up has hired Jim Cowles, former chief executive of Europe, the Middle East and Africa at Citi, to be an executive director of the board. aims to change the way cross-border payments work. It reckons it can provide transparency over liquidity when banks make cross-border transactions, helping both the banks themselves and central banks.

Its platform works by locking liquidity for the value of a cross-border transaction on the balance sheet of ...

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